05-06-2020, 08:36 PM
(05-06-2020, 08:03 PM)john Wrote:(05-06-2020, 03:58 PM)fenders53 Wrote: Closed my CBRL credit spread for an 85% gain well short of expiration date. I'm still undefeated at this strategy. On the prowl for my next short victim.
What is a "credit spread"?
Sell Call, buy call at higher strike. For a net credit.
Sell put, buy put at a lower strike. For a net credit.
Each are credit spreads.